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Listed by Ashley Wright • Three Seventeen Collective
$185,000
Est. payment /mo
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision Emerson Heights
MLS Listing ID 22084573
Year Built 1910
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Duplex
Property Description
Turnkey investment opportunity in a charming historic neighborhood - this fully renovated one-bedroom duplex unit is not just a home, it's a fully operational furnished rental business. Currently operating as a successful mid-term rental with flexibility for short or long-term rental or rental arbitrage. Everything stays - furnishings, decor, Smart TVs, WiFi setup, keypad entry, Eufy doorbells and exterior security cameras - making this a seamless, income-producing acquisition from day one. The unit blends early 20th-century architectural charm with modern upgrades. Laminate flooring runs throughout, creating a cohesive and low-maintenance interior. The well-appointed living room offers a cozy seating area, while the dining space is perfect for intimate meals. Everything remains in the fully equipped kitchen including fridge, microwave, and stove. The spacious bedroom features a full-size bed, dresser, nightstands, and generous closet space. Bathroom includes a tub/shower combo and single vanity. Mechanical highlights include approximately 5-year-old roof (no known concerns). NOI:$31k This is an attractive cash-flowing asset. Conveniently located with easy access to I-65, I-465, and I-70, and just 20 minutes to Indianapolis International Airport. Near Kroger, dining, shopping, Brookside Park, and Ellenberger Park. Whether you're an investor, house hacker, or entrepreneur looking to acquire a furnished rental business with systems in place - this is a rare opportunity to step into immediate income.
Location
State IN
County Marion
Interior
Heating Natural Gas
Cooling Window Unit(s)
Equipment Smoke Alarm
Fireplace N
Exterior
Exterior Feature Lighting
Roof Type Shingle
Building
Story One
Architectural Style Bungalow
Structure Type Aluminum Siding
New Construction false
Schools
School District Indianapolis Public Schools
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